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Olegator [25]
3 years ago
11

acc 440 There were no changes during 2021 in the number of common shares, preferred shares, or convertible bonds outstanding. Th

ere is no treasury stock. The company also has common stock options (granted in a prior year) to purchase 81,900 shares of common stock at $20 per share. (a) Compute basic earnings per share for 2021.
Business
1 answer:
fomenos3 years ago
8 0

Answer:

a. $1,32

Explanation:

<em>Hi, I have attached the full question as pdf below !</em>

Basic Earning per Share = Earnings attributable to Common Stockholders ÷ Weighted Average Number of Common Stocks outstanding

<em>Workings</em>

Basic Earning per Share = [$1,230,000 - ($1,990,000 x 7% x 80%) - ($4,110,000 x 7%)] ÷ 627,000 =

Diluted Earning per Share = Adjusted Earnings attributable to Common Stockholders ÷ Adjusted Weighted Average Number of Common Stocks outstanding

Download pdf
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What is meant by <br>circular?​
Reptile [31]

Answer:

A circular definition is one that uses the term(s) being defined as a part of the definition or assumes a prior understanding of the term being defined. There are several kinds of circular definition, and several ways of characterising the term: pragmatic, lexicographic and linguistic.

3 0
3 years ago
In the Shaping Department of Sheridan Company the unit materials cost is $2.00 and the unit conversion cost is $1.60. The depart
Effectus [21]

Answer:

Ending Work in Process $ 4640

Explanation:

<u>Sheridan Company</u>

<u>Shaping Department </u>

Ending Work in Process $ 4640

Materials = 2000 units*$2= $ 4000

Conversion= 2000 units *20%* $1.6= 400*$ 1.6=$ 640

We find the cost of ending inventory by multiplying the materials unit cost with the materials units and the unit conversion costs with the equivalent conversion units.All materials are included because the materials are added at the beginning of the process.

7 0
4 years ago
Federal obligations usually issued for maturities in excess of five years are called: _______
valentinak56 [21]

Answer: b. Treasury Notes

Explanation:

The question is a bit confusing to answer unless a mistake has been made in it.

Treasury Notes are Federal obligations that mature between 2 - 10 years so would be the correct answer for this question as this would include bonds in excess of five years till the 10th year.

Treasury Bonds on the other hand mature after 10 years.

If there is a mistake in the question and you instead meant to write 10 years instead of 5, the answer would be Treasury Bonds.

If not, the answer is Treasury Notes.

5 0
3 years ago
Gary and Anna are arguing over the best way to organize the storage area. Gary thinks everything should be organized by product
Minchanka [31]

Answer:

say they both make good points but they should decide for themselves

Explanation: When other people are involved in a dispute, it is best to take a neutral stance and not get involved

7 0
3 years ago
Read 2 more answers
What is a benefit of stock markets?
sleet_krkn [62]

Answer:

currently there will be no benifits because of the Corona Virus because the stock market is crashing.

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3 years ago
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